$PINS Bullish pattern targeting 24.8 and 29.5 LONGLarge bullish pattern for long term . Indicators going down and corrected some of the move . Expected to go up to 24.8 if earning coming so good then targeting 29.5 on long term view Longby WinnerTrader99Updated 8
Pinterest Reversal trade opportunity After back filling the gap from earning the stock has found support and looks primed to move higher. POC (redline) should act as resistance. Longby RedHotStocks1121
Pinterest couldn't stick Not the Bull-run story it looked like post earnings, after jumping 18%, Has almost retraced those gains fully, we await to see if the gap fill can produce a bounce in the days to come. by RedHotStocks24
love this onePinterest, Inc. is an American social media web and mobile application company. It operates a software system designed to enable saving and discovery of information on the World Wide Web using images and, on a smaller scale, GIFs and videos Pinterest operates where individuals can follow others as well as obtain followers. Many celebrities utalize this social media as well as popular youtubers. You can personalie your pinterest page and boards. You can also upload your own pins. Pinterest is a free website that requires registration to use. Users can upload, save, sort, and manage images—known as pins—and other media content (e.g., videos) through collections known as pinboards. Content can also be found outside Pinterest and similarly uploaded to a board via the "Pin It" button, which can be downloaded to the bookmark bar on a web browser, or be implemented by a webmaster directly on the website. Some websites include red and white "pin it" buttons on items, which allow Pinterest users to pin them directly. Pinterest implemented a feature that allows users to search with images instead of words.. holding from the black line.... small position but took the earnings if it will correct I am adding more... making money good social media. Longby FinancialEgg4
PINS...The bulls return?Hello Traders, Pinterest (PINS) popped in after-hours trading on Thursday night to a new multi-week high after the earnings were announced. The following session the stock opened with a massive gap up and make it`s high in the very first minutes of the session @ $27.25 and declined for the remainder of the session. It closed the day @ $25.20, and leave the gap open! What is to expect next and how does it fit into the wave structure? Let`s have a look. Under the assumption that the high at $35.29 was a wave „3“ the following decline fit`s good into the view of a „three-down“, here the expanding“ version and declined a little bit below the 1.618 Fibonacci Extension of it. After this, the stock starts to recuperate and shows a clear „five-up“ pattern with today`s pop to the upside. The to me question is? Was this all of the advance and PINS will correct at the coming seesion strongly or was it a series of „one`s and two`s, or, at least, is just sa wave „1“ of higher degree done or close to do so? Let`s look. The weekly candle is bullish with a long upper shadow and reversed at the 0.5 Fibonacci of the past decline from 36.83-17.33! The daily view shows a red candle, i.e. bearish, and leave the gap open. So it could be possible, that a wave (v) of ((i)) was done at yesterday`s session and a sharp and brief correction will be next. Investors would think that the bear-market is back for PINS and start selling the stock once again. Evidence for this argument will be seen if a wave „3“ will occur in the coming days and weeks, when seller realize, that they are at the wrong side of the market and PINS will gap massive to the upside, as it happened with the stocks of TESLA at the past two weeks. Another argument could be, that PINS has done some „one`s and two`s“ to the upside and will advance at the coming session within a strong and sharp advance tot he upside (may with more gap`s to the upside) into the range of 29.38 (0.618 Fibonacci) at minimum! Or was it just a wave „b“ which is still in progress and a decline below the level of 17.33 is next to occur, that possible will eliminate PINS off the board? While different options exist we have to wait for Monday`s session and will have an eye on the performance of PINS. I will update the chart in the coming sessions. Have a great weekend... Feel free to ask or comment. Trading this analysis is at your own risk! PS: the editor is invested at PINS!by ruebennase7
PInterest blasts higher. Fab move after hours , halted by the Fibonacci .5 level. Expect a much greater move in the days to come as price resistance declines. price targets as per chart Longby BullishchartsUpdated 2247
PINS long ideaPINS looks good here. Earnings came out Yesterday and were good. The moving averages are supporting the price. Should move up to resistance in the box area and gap fill. Longby bhowe3
PINTEREST INC SHORTSIn terms of TA, I'm inclined to short this because of how bearish it's been on bigger timeframes. On the weekly, price had broken through a key support and retraced back up to the broken zone which happens to be the 50-61.8% fib zone. I'm looking for rejections in this zone to swing to the downside. Shortby MarketAlpha2225
Pinterest better that SNAP....apparently Pinterest has surpassed Snapchat as the third-biggest social media platform in the US in 2019, with 9% year-over-year user growth. That seems pretty good based on reading the headline and doing no other research! I prefer all the space up to 25 though it looks like its out of the down trend plus massive increase in volume yesterday. hopefully it can get to 25 or higher. 100 DMA around the 24 area. as always anything can happen!!Longby TheScalpman7
PINS SEEMS READY TO MOVELooks like PINS found and made some support in the 19 range. bought 20$ feb 21 calls Friday for about 1.00. Looking for a breakout soon, especially from the momentum building up in the overall market. FB, Snap all moving in the sectors. PINS lagging behind but is going to make its move soon and play catch up. Longby sevelirette119
Long Idea - Pinterest6/Jan/2020 12:50 PM AUTHOR: Brandon Gum -- Target 1 is day 1 low. Next is the gap fill ======================Longby gumbtgUpdated 4
$PINS in ConsolidationConsolidating for a long time already, probably a good range for accumulation. by anses075
Possible play upto earningsHaving broken out of the downsloping channel, and possibly showing a breakout of an inverse head and shoulders this might be a nice play upto earnings . Longby xoorl117
PINS Down almost 50% from ATHPreviously nailed this trade the last pennant breakout (check out my previous post). Looks like I may have missed the bottom this time but there is a lot of potential.Longby InvestmentSentry8
$pins Trade the Gap In PinterestEntry level $21.00 prior to breakout. Upside target $24.50 to just below gap fill. Completely no price action resistance in the gap, could be a very fast and rewarding trade. Indicator also strong. Longby BullishchartsUpdated 47
Pinterest sideways move till earnings reportHi all, There is no particular reason for PINS to make a move at this moment. In my opinion it just follows the market's trend and i am expecting it to accumulate on the upward channel till next earnings report. At this time i am expecting a gap up or gap down depending on the results. To be honest it's a very difficult trade but i think that since the market is doing well that they are not going to risk another bad quarter and they somehow show the results in a positive way and keep anything bad for another quarter.by Philoslother4
Looking for reversal in Pinterest $pinsLook for possible entry on a break from the channel, the stock is still down over 45% from its peak so plenty of upside in a possible reversal. Company profile Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.Longby RedHotStocks22
PINS BULLISH WEDGEBuyers have come in but there is a lack of volume to make a Bullish Wedge PatternLongby simtrader19a6